Fidelity Life offers some of the lowest prices for term life insurance among the 45 companies Investopedia reviewed. You can buy a policy with a 澳洲幸运5官方开奖结果体彩网:death benefit of up to $2 million.

If you’re not ready to commit to a long-term policy, perhaps because you’re trying to quit smoking or get healthier to lower your rates, Fidelity has partnered with Progressive to offer yearly 澳洲幸运5官方开奖结果体彩网:renewable term life insurance with up to a $200,000 death benefit.

Fidelity offers 澳洲幸运5官方开奖结果体彩网:whole life insurance, but it doesn’t pay dividends. It is only available if you’re aged 50 to 85 and only for 🌊up to $150,000 in coverage. Its term policies have a maximum age limit of 65, which is lower than most other companies Investopedia looked at. Many carriers often cover people up to 75 or 80, including Ameritas and Protective Life. Also, Fidelity receives complaints at a higher rate than expect♔ed for its size. 

Fidelity was founded in 1896 and is based 𒀰in Des Plaines, Illinois.

Available Policy Types 

• Term life
• Whole life
• Final expense
• No-medical exam life

Available Riders

• Accidental death benefit 
• Family accidental death benefit
• 澳洲幸运5官方开奖结果体彩网:Accelerated death benefit for terminal illness
• Child insurance policy
• Inflation
• Return of premium

Thrivent offers term and 澳洲幸运5官方开奖结果体彩网:permanent life insurance for Christians and their families. You can get a price estimate online for term life, but you need to work with an agent to 澳洲幸运5官方开奖结果体彩网:apply for a policy. If you’re healthy enough, you can qualify for up to $3 million in covไerage without needing a medical exam, and you could even get approved the same day.

Thrivent is one of only seven of the 45 companies we reviewed to receive the highest financial strength rating from AM Best, a 澳洲幸运5官方开奖结果体彩网:credit rating agency for i♏nsurance agencies, so Thrivent is likely to have the funds ൲to pay out claims for years. Thrivent also receives few customer comp🦩laints relative to its market share.

Thrivent is based inও Minneapolis and was found🍃ed in 1902.

Available Policy Types 

• Term life
• Whole life
• Children’s whole life
• Universal life
• Variable life

Available Riders

• Guaranteed insurability
• Waiver of premium
• Terminal illness

Corebridge Financial, formerly AIG Life, offers several types of life insurance. You can apply for a term policy up to age 80, and Corebridge is one of the🤡 few companies in Investopedia’s review that offers a 35-year term. The longest term many companies offer is 30 years. You can also renew your policy at the end of the term if you need the coverage for longer than you originally planned.

Corebridge also sells permanent life insurance, including 澳洲幸运5官方开奖结果体彩网:universal life policies you c𓂃an buy up to age 85. But customers complain about Corebridge more than you’d expect for a company of 🌱its size.

AIG D𝓰irect rebranded as Corebridge in 2024. It’s based in Amarillo, Texas.

Available Policy Types 

• Term life
• Whole life
• Universal life
• Indexed universal life
• Final expense

Available Riders

• Waiver of premium
• Terminal illness
• Chronic illness
• Critical illness

Penn Mutual offers below-average premiums for most age groups and sells a variety of life insurance types. You can also personalize your policy with a wide selection of riders.

The company’s accelerated underwriting is 🌳a standout. If you’re healthy, you can potentially qualify for up to $10 million in life insurance without taking a medical exam, the highest c꧑overage amount in Investopedia’s study. You may even get approved the same day you apply, a plus if you need coverage quickly. However, you need to work with a financial professional because Penn Mutual doesn’t have online quotes or applications.

Penn Mutual is based in Philadelphia a🍨nd was founded in 1847.🦹

Available Policy Types 

• Term life
• Whole life
• Children’s whole life
• Universal life
• Indexed universal life
• Variable universal life

Available Riders

• Terminal illness
• Chronic illness
• No-lapse guarantee
• Policy split option
• Supplemental exchange
• Accidental death benefit
• Additional insured term
• Cash value enhancement
• Children’s term
• Disability waiver of premium
• Early surrender value
• Estate preservation term
• Guaranteed increase option
• Guaranteed purchase option
• Overloan protection